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Golan Telecom agrees to takeover by Cellcom for ILS 590 mln

Wednesday 19 February 2020 | 08:57 CET | News
Cellcom Israel said it has entered a binding memorandum of understanding for the purchase of Golan Telecom's entire share capital for ILS 590 million. The agreed deal, subject still to due diligence, sees Golan Telecom rejecting a competing offer from rival Pelephone. 

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Categories: Mobile & Wireless
Companies: Cellcom Israel / Golan Telecom
Countries: Israel
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